South Korean lawmakers have agreed to postpone the introduction of the cryptocurrency tax until 2027. A vote on this proposal is expected to take place on Monday, December 2. The government explained the delay as a necessity for additional preparation before taxing cryptocurrency income.
This is already the third delay of the tax initially proposed back in 2022. The tax was last scheduled to come into force in January 2025, but its implementation is now being postponed for two years.
